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Original name: Zákon o doplnkovém penzijním sporení
Name: Act No. 427/2011 on Supplementary Pension Savings.
Country: Czechia
Subject(s): Social security (general standards)
Type of legislation: Law, Act
Adopted on: 2011-11-06
Entry into force:
Published on: Sbirka zakonu, 2011-12-28, Castka 149, pp. 5624-5690
ISN: CZE-2011-L-90678
Link: https://www.ilo.org/dyn/natlex/natlex4.detail?p_isn=90678&p_lang=en
Bibliography: Sbirka zakonu, 2011-12-28, Castka 149, pp. 5624-5690
Act on-line in Czech Act on-line in Czech Ministerstvo vnitra Ceské republiky [Ministry of the Interior], Prague, Czech Republic PDF PDF (consulted on 2012-08-14)
Abstract/Citation: PART ONE - GENERAL PROVISIONS (Sections 1 - 3)
PART TWO - BEGINNING AND END OF PARTICIPATION IN COMPLEMENTARY PENSION SAVING SCHEME AND CONTRIBUTIONS
Chapter I: Beginning and end of participation in complementary pension saving scheme (Sections 4 - 8)
Chapter II: Contributions (Sections 9 - 18)
PART THREE - ENTITLEMENTS FLOWING FROM COMPLEMENTARY PENSION SAVING
Chapter I: Payments (Sections 19 - 26)
Chapter II: Transfer of the capital of participant to other pension saving company (Section 27)
Chapter III: Lapse (Section 28)
PART FOUR: PENSION SAVING COMPANY
Chapter I: Basic provisions (Sections 29 - 30)
Chapter II: Authorisation to operate pension saving company (Sections 31 - 35)
Chapter III: Some conditions of operation of pension saving company (Sections 36 - 47)
pension company (Sections 41 - 47)
Chapter IV: Rules of operation and housekeeping of a pension company (Sections 48 - 59)
Chapter V: Payment to the pension company, fees and payment for brokering (Sections 60 - 63)
Chapter VI: Modification and cessation of pension company (Sections 64 - 73)
PART FIVE - DISTRIBUTION OF SUPPLEMENTARY PENSION SAVINGS
Chapter I: General provisions (Sections 74 - 76)
Chapter II: Committed representative of pension company (Sections 77 - 83)
Chapter III: Qualifications (Sections 84 - 87)
PART SIX - DEPOSITARY OF PARTICIPANT FUND (Sections 88 - 92)
PART SEVEN - PARTICIPANT FUND
Chapter I: General provisions (Sections 93 - 95)
Chapter II: Authorisation to create participant fund (Section 96)
Chapter III: Statutes of participant fund (Section 97)
Chapter IV: Compulsory conservative fund (Section 98)
Chapter V: Modalities of investment of participant fund (Sections 99 - 108)
Chapter VI: Transfer of operation of all participant funds (Section 109)
Chapter VII: Cessation of participant fund and merger of participant funds (Sections 110 - 113)
Chapter VIII: Other obligations of pension companies when managing the capital of an participant fund (Sections 114 - 117)
Chapter IX: Obligation of information during management of participant fund (Sections 118 - 119)
PART EIGHT: REGISTRY
Chapter I: Personal pension account and pension unit (Sections 120 - 124)
Chapter II: Extract about complementary pension saving (Section 125)
PART NINE - RULES OF HANDLING OF PARTICIPANTS
Chapter I: Basic provisions (Sections 126 - 129)
Chapter II: Communication with participants (Sections 130 - 137)
Chapter III: Pension recommendation (Sections 138 - 140)
PART TEN - SUPERVISION AND STATE CONTROL
Chapter I: Supervision of Czech national bank (Sections 141 - 155)
Chapter II: State supervision (Sections 156 - 158)
PART ELEVEN: ADMINISTRATIVE TORTS (SECTIONS 159 - 164)
PART TWELVE: COMMON PROVISIONS (SECTIONS 165 - 170)
PART THIRTEEN: TRANSFORMATION OF PENSION FUND
Chapter I: Transformation (Sections 171 - 185)
Chapter II: Transformed fund (Sections 186 - 196)
PART FOURTEEN: TRANSITORY PROVISIONS (SECTIONS 187 - 200)
PART FIFTEEN: ENTRY INTO FORCE (SECTION 201)

Also related to:
- Act No. 38/2004 Coll., on Insurance Intermediaries and Independent Loss Adjusters and amending the Trade Act, as amended;
- Act No. 133/2000 Coll. on Population registers and birth numbers and amending certain laws (the Population Register Act), as amended;
- Act No. 125/2008 Coll. on transformation of commercial companies and cooperatives, as amended;
- Act No. 256/2004 Coll., on the Capital Market;
- Act No. 21/1992 Coll., on Banks;
- Act No. 15/1998 Coll. on supervision of the capital market;
- Act No. 408/2010 Coll., on financial collateral;
- Act No. 412/2005 Coll., on the protection of classified information and security capacity;
- Act No. 159/2006 Coll., on conflict of interest.

Related text(s):

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